MBDA Business Center - St. Louis

About Us

The MBDA Business Center - St. Louis is funded by the U.S. Department of Commerce, Minority Business Development Agency (MBDA) and is operated by the Chicago Minority Supplier Development Council, Inc. (ChicagoMSDC) in collaboration with the St. Louis Minority Business Council.

MBDA is an entrepreneurially focused and innovative organization committed to wealth creation in minority communities and the only federal agency dedicated to establishing and growing minority owned businesses in America.

Success in Service

To date, the MBDA Business Center – St. Louis has assisted over 100 MBEs in obtaining over $100 Million in procurement and financial transactions and helped to create over 200 jobs.

Our Strategy

The MBDA Business Center - St. Louis seeks to develop alliances with local, state, and federal government agencies, major corporations, banks, financial resources and the minority business community to create larger, more strategic minority entrepreneurs.

Services offered by the MBDA Business Center-St Louis include:

FINANCING - We evaluate and assist MBEs in pursuit of traditional debt financing, equity funding or alternative capital access resources. We serve as a liaison to financial institutions on behalf of MBEs seeking financial assistance and provide loan packaging and placement assistance for purchases, refinancing, lines of credit, factoring, and SBA lending.

MERGERS & ACQUISITIONS - Companies facing mergers or acquisitions may benefit from the oversight of our M&A committee comprised of pre-qualified minority owned businesses and investor groups. It has been designed to initiate and support growth strategies for MBEs with specialized services and business opportunities.

EDUCATION & TRAINING - Industry leaders conduct workshops and seminars designed to teach minority entrepreneurs how to take their businesses to the next level.

ADVOCACY - We promote the interests of MBEs to the public and private sectors.

PROCUREMENT - We facilitate access to our member corporations and Minority Business Enterprises (MBEs) to increase their contracting opportunities and diversify their supplier base. Most of America’s most successful MBEs are counted among NMSDC’s 16,000 minority owned businesses.